Audi's global sales decline marginally in Feb 2017

New Delhi:AUDI AG in a press release said that the company has delivered around 125,100 automobiles in February 2017. Globally the company sold a total of 125,100 units in February 2017 as compared to 126,467 units February 2016 reporting a decline of 1.1%. Sales in USA and Europe reported growth, However Audi's sales in China and Brazil declined last month.

Audi's sales in North America grew 16.1% due to the strong demand for the Audi A4 and the Q7 in particular once again translated into double-digit growth.

Germany based auto-maker's sales in Europe increased by 1.9% and in China, Audi is currently holding intensive talks with its local partners in order to position the joint cooperation suitably for the planned next stage of growth. In this phase the Chinese dealers are managing their business cautiously and reported 5.8 percent fewer deliveries in the past month than a year ago. Global sales in February were thus 1.1 percent below the record-breaking figure from 2016.

“We see huge opportunities for the future in China, as the world’s leading market for sales, digitization and e-mobility,” says Dietmar Voggenreiter, Board member for Sales and Marketing at AUDI AG. “We are preparing our business model for these opportunities and intend to take far-reaching, sustainable decisions with our partners. In so doing we are taking a challenging, yet important step.”

In January, Audi decided with its joint venture partner FAW to intensify the joint collaboration in China as part of a strategic growth plan. The agreement envisages, among other things, extending the locally produced portfolio with further electrified models company said in the release. In the second step, the operational implementation of the future agenda is now to be defined with the Chinese dealers. Furthermore, Audi is looking at future collaboration with SAIC in a potential second joint venture in order to open up further market potential.

“This phase of far-reaching strategic structural decisions will still take some time. The top priority for us is to further develop the Chinese business profitably for all partners,” says Voggenreiter. Meanwhile, the Chinese dealers reported 32,155 delivered automobiles for the month of February, 5.8 percent less than one year ago, following a sharp drop in sales in January compared with 2016.

Audi sales grew in Europe, where around 66,400 deliveries in February exceeded the 2016 figure by 1.9 percent. The brand achieved substantial gains especially in southern Europe: In Spain, sales rose by another 7.1 percent to 4,949 units and in Italy even by 29.9 percent to 6,125 customers in the month. With the new Q2, Audi is successfully attracting an above-average number of new customers in both markets; Italy is currently the largest export market for the city SUV.

Across all models, the constant growth over the past few months for Audi was also maintained in the German domestic market (+1.8% to 29,017 cars) in February. In the United Kingdom, by contrast, the local generation changeover for the right-hand-drive versions of the Audi 5 and the A5 Sportback left its mark. 5,203 units sold in the United Kingdom was 2.8 percent below the previous year’s figure. Business in Europe continued to be dampened by the market weakness in Russia: down 22.9 percent to 1,350 automobiles in February.

Audi Q7 SUV saw sales rise in February by 49.8 percent to 2,477 units. Across all Q models, Audi’s SUV sales increased last month by 35.8 percent to 6,874 U.S. customers. Sales of the A4 also increased further in February to counter the market downturn in the sedan segment, with the model achieving a 30.1 percent increase to 2,377 deliveries in the United States.

In Canada, sales of the A4 rose to more than double the previous year’s figure (+132.2 percent to 418 A4 models), on the back of a similar jump in January. Total sales across the entire portfolio also proved very positive in February for Audi Canada: 1,970 cars sold once more represent high growth of 27.8 percent.

In March, the new Audi A5 Coupé will be premiered in the United States and Canada. The United States has been the largest global sales market for the first generation of the model. The sporty Audi Coupé has captured two thirds of its U.S. drivers as new customers for the brand.